Dow Jones Surges 550 Points After Fed Rate Cut; Nvidia, Tesla Rally Above Key Levels
Dow Jones futures jumped 500 points Thursday after the big Fed rate cut Wednesday. Nvidia and Tesla rallied to key levels.
NVIDIA Corp. stock rises Thursday, outperforms market
Shares of NVIDIA Corp. NVDA rallied 3.97% to $117.87 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.70% to 5,713.64 and the Dow Jones Industrial Average DJIA rising 1.26% to 42,025.19. The stock's rise snapped a four-day losing streak.
Dow jumps to another all-time high day after Fed delivers big rate cut
Wall Street rallied on Thursday with the Dow and S&P 500 hitting another intraday record high — a day after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.
Nvidia Stock Rises. Why Fed’s Jumbo Rate Cut Is Boosting Shares.
The central bank's decision to slash borrowing costs by 50 basis points is easing concerns about the economy. That could lift the AI trade.
NVIDIA Corp. stock falls Tuesday, underperforms market
Shares of NVIDIA Corp. NVDA shed 1.02% to $115.59 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.03% to 5,634.58 and the Dow Jones Industrial Average DJIA falling 0.04% to 41,606.18.
Dow closes at all-time high as stocks jump ahead of crucial Fed rate decision
Markets have been in a bull run since the start of this year on expectations the Fed would kick off its monetary policy easing cycle soon.
Why Nvidia Stock Jumped After the Big Fed Rate Cut
Interest rate cuts help growing businesses access cheaper capital. Nvidia's growth has been astounding, but CEO Jensen Huang thinks it's just the beginning. He sees AI transitioning from an industry of tools to one of skills.
Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.
Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.
Fed Matters More for Nvidia Stock Than a New AI Deal
It’s Fed decision day—and it'll be difficult for the chip maker's shares to make gains until investors have more clarity about the central bank's next move.
AMD, Nvidia lead semiconductor stocks higher following Fed rate cut
Nvidia (NASDAQ:NVDA) and a host of other semiconductor stocks trended higher Thursday following the Federal Open Market Committee's decision to slash its benchmark interest rate by 50 basis points on Wednesday.
Dow’s Lack of AI Stocks Puts Blue-Chip Index ‘Behind the Curve’
The rise of artificial intelligence has reordered the American stock market, pushing the likes of Nvidia Corp. and other ...
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Dow Jones Futures: Stock Market Soars With Meta, Apple, Tesla, Nvidia Buys. Note This Key Shift.
The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.
Intel Is Probably Getting Kicked Out of the Dow, but Nvidia May Not Be Its Logical Replacement
Even though Intel's days as a Dow component are likely numbered, and Nvidia has leapfrogged Intel in the innovation ...
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Dow Hits New Record High As Stocks Rally Despite Nvidia’s Slump
The Dow Jones Industrial Average posted a record high Thursday while other indexes were mostly flat, securing the milestone as AI behemoth Nvidia, known for swaying broader markets, tumbled after ...
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Dow Jones surges 500 points, S&P 500 crosses 5,700 to close at record highs post Fed cuts
On a forward price-to-sales measure, the Russell 2000 is trading at the steepest discount to S&P 500 in more than 20 years.
Prediction: Nvidia Will Replace Intel in the Dow Jones Index
With Intel reeling, there are rumors that its days in the Dow Jones Index are numbered. The logical replacement would be ...
US stocks firmly positive; S&P 500, Dow at Record High
US equities rallied on Thursday after the Federal Reserves 50 basis point rate cut. The major averages pulled back off their best levels late in the trading session but remained firmly positive. The ...
Biggest Rate Cut Stock Winners: Apple, Nvidia Rally $250 Billion, Other Rate-Sensitive Names Rake It In
A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500 ...